With a Yahoo/Microsoft merger, wouldn't it make sense for Apple and Google to consider a merger. After all, Google CEO Eric Schmidt does sit on Apple's Board of Directors.
Stranger things have happened, but I don't see Apple benefiting from a merger. Google does what it does well, and Apple does what it does well. They are fine as is. What would be nice to see would be the two working together on more projects. They both love to innovate.
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MS/Yahoo? Whatever.